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FOX News
Dec 31, 2012 3:00pm PST
. >> the two people were senate republican lea leader mitch mcconnell and joe biden who worked the phones after talks between mcconnell and harry reid stalled. >> discussions continue today on plan to affect the middle class families from the tax increase tomorrow. there are a number of issues in which the two sides are still apart. negotiations are continuing as i speak. >> the agreement would set the threshold for extending the bush tax cuts at $400,000 for individuals and $450,000 for families. i would set the tax rate for upper income people at 39.6%. the rate under president clinton. the states would be taxed at 40% above $5 million for individuals and $10 million for a married couple. unemployment benefits would be extented a year, as with the medicare doc fix. it would permanently fix the a terptive minimum tax. a big concern for many republicans are there are no new spending cuts. >> history has a way to repeat itself. >> somehow washington never gets the message. >> here we are, 30 years later on the brink of another crisis on new year's eve, still addicted to spending money. >> last f
FOX News
Dec 24, 2012 3:00pm PST
with familiar states to tuck about the issue. >> they launched effort to curb gun violence putting biden in charge of a commission to spearhead that effort pursuing the policy changes. now to talk about that, joining us from austin, texas, karl rove, former senior advisor to president george w. bush. and joe trippi, democratic strategist who points out he was right a lot in 2012. thank you for joining us. talk about the way forward here, karl. how about this commission. how they push forward in washington, the current environment. >> there will be a lot of interest to do something immediately. senator feinstein said that she will reintroduce the assault weapons ban, the first day that congress is back in session in january. commission is a good idea provided it has bipartisan membership and gun control supporters and gun control opponents on it to look at this as a comprehensive issue. we have to be careful moving too quickly. yet, we have to have a comprehensive approach on the commission. i commend the president doing the commission. this could be way to find consensus about useful ste
FOX News
Dec 27, 2012 3:00pm PST
just because we find ourselves at the essential. >> asked if he was going over the cliff, biden joked cliff? what cliff? this has been operated with a dictatorship of the speaker. not allowing the vast majority of the representatives to get what they want. they want them to return in case a deal is in the final hours. today, the u.s. is heading over the cliff. >> what goes away next week is the bush tax cut that they loathed since they went in place a secon decade ago. don't assume the president wants to cut a deal. he wants to see if he'll be blamed for it before they negotiate. they talk about the meeting tomorrow with the president and key congressional leaders. >> thank you. if the fiscal cliff can be avoided there is another gigantic hurdle awaiting the lawmakers. >> they will hit the credit limit of $16.4 trillion on december 31. the nation thereafter can't pay the bills unless congress raises the limit. >> with a new congress in january we need to revisit an finally give ourselves the determination to solve not only our short-term debt but the long-term debt. >> they raised the
Search Results 0 to 2 of about 3